In January-June Ukraine imported 39.394 thousand tons of scrap valued at $22.024 million, up by 52.7% and by 0.1% YoY respectively. According to the State Fiscal Service, the main suppliers were Turkey (49.5%), Russia (41.65%) and the Netherlands (3.02%). Ukraine also imported 488 tons of hot-briquetted iron from Russia valued at $166 thousand, as opposed…
DetailsIn January-July Ukraine decreased steel scrap exports 7.6-fold YoY, to 36.297 thousand tons, valued at $10.186 million, down 9.1-fold. According to the State Fiscal Service, in July Ukraine exported 0.204 thousand tons of scrap, in June – 0.208 thousand tons, in May – 8.086 thousand tons, in April – 8.791 thousand tons, in March –…
DetailsNorilsk Nickel has created modern operational control centers at the Komsomolsky and Taimyrsky mines. The centers allow controlling mining work in real mode and are responsible for the planning of mining operations at all the horizons. Until the end of the year such centers will be created at the Salisty and Mayak mines. Earlier a…
DetailsActivity of Zhong Ji Mining Company was suspended at Solton-Sary field in Naryn region, the Information Support Department of the Government’s Office reported. However, the day before, the Prime Minister of Kyrgyzstan said “incidents between local residents and foreign workers should not cause suspension or stop of company’s activity”. The decision was made on the…
DetailsIn July Sverdlovsk Railroad transported 12.1 million tons of cargo, up by 2.1% YoY. In January-July throughput totaled 81.5 million tons, up by 0.1% YoY. In particular the railroad transported 6.2 million tons of ferrous metals, up by 3.1%, and 1.3 million tons of coke, up by 3.7%. At the same time the transportation of…
DetailsUntil the end of the year several new projects will be implemented on the territory of the Lipets special economical zone of the industrial-manufacturing type. In particular Doka Lipets (Austria) is finishing construction of a plant to produce metal structures and their parts. Investments in the project amount to 600 million rubles. The plant is…
DetailsKoks has put into operation the second stage of the condensing power plant with the capacity of 12 MW. This brings the company total capacity to 24 MW, thus completely covering its electricity needs. With the expansion of the power plant the company will be able to annually save some 70 million rubles. Investments in…
DetailsRussian metals giant Norilsk Nickel still plans to hold an initial public offering (IPO) of its Bystrinsky project, in which it owns 50.01%, in 2020, a company representative reported. “We are working on the project. We plan to present updated information on the IPO at the end of this year,” the representative said. Currently, the…
DetailsMetinvest has invested 4.6 million UAH in the replacement of special machinery used to repair railrod at Azovstal Iron and Steel Works. In particular, an all-purpose on-track machine has been purchased. The machine is used to repair railroad. “The length of the railroad at our plant exceeds 300 km. The new machine will serve us…
DetailsUnder the “Working conditions” program, Metinvest is gradually improving the amenities at its enterprises. Thus, after capital repairs the Metinvest-Promservice has received another bath with the size of 200 square meters in the sinter machinery repair shop. Over 2 million UAH were invested in the project. This year Metinvest has already spent 20 million UAH…
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